Sydney: Financial Storm Fails to Halt Rising Data Tide


The rising volumes-driven by exchanges upgrading capacity to process trades and distribute data, the launch of new alternative trading systems, and more firms adopting algorithmic trading strategies that split larger orders into smaller trades to limit market impact-continue to outweigh the slowdown in trading caused by the financial crisis. And while some panelists believed that there may ultimately be a limit to how fast market data volumes can grow, all agreed that the industry is some way

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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